International Paper (INPAP) Gross Margin (2009 - 2026)
International Paper (INPAP) posted Gross Margin of 27.65% for Q2 2026, down 4.41% on a QoQ basis from 28.92% in Q1 2026, and down 36.0% year-over-year from 43.2% in Q2 2025.
Analysis
International Paper (INPAP) Gross Margin (2009 - 2026) Analysis & Trends
International Paper has reported Gross Margin for 18 years, with the latest figure at 27.65% in Q2 2026.
- On a quarterly basis, Gross Margin fell 36.0% year-over-year to 27.65% in Q2 2026; TTM through Jun 2026 was 29.77%, a 162.0% increase from a year earlier, with the FY2025 full-year figure at 29.61%, up 158.0% from the prior year.
- Gross Margin was 27.65% for Q2 2026 at International Paper, down from 28.92% in the prior quarter.
- The five-year high for Gross Margin was 32.19% in Q4 2023, with the low at 12.54% in Q1 2024.
- Average Gross Margin over 5 years is 27.22%, with a median of 28.12% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Gross Margin sank 1491 bps in 2024, then surged 1518 bps in 2025.
- Over 5 years, Gross Margin stood at 28.54% in 2022, then increased by 13 bps to 32.19% in 2023, then retreated by 8 bps to 29.5% in 2024, then increased by 6 bps to 31.35% in 2025, then retreated by 12 bps to 27.65% in 2026.
- The last three Gross Margin figures came in at 27.65% (Q2 2026), 28.92% (Q1 2026), and 31.35% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 27.65% |
| 2 | Smurfit Westrock | 22.15 Bn | 21.47 Bn | 1.40 Bn | 17.42% |
| 3 | Packaging Corp Of America | 20.16 Bn | 19.57 Bn | 512.50 Mn | 20.58% |
| 4 | Sonoco Products | 4.81 Bn | 4.64 Bn | 392.38 Mn | 20.81% |
| 5 | Graphic Packaging Holding | 2.85 Bn | 2.64 Bn | 292.00 Mn | 13.35% |
| 6 | Ranpak Holdings | 345.53 Mn | 302.33 Mn | 34.50 Mn | 32.79% |
| 7 | Clearwater Paper | 321.07 Mn | 225.67 Mn | -10.40 Mn | -2.77% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.48 Mn | 2.32 Mn | - | - |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.65% |
| Mar 31, 2026 | 28.92% |
| Dec 31, 2025 | 31.35% |
| Sep 30, 2025 | 31.10% |
| Jun 30, 2025 | 28.00% |
| Mar 31, 2025 | 27.72% |
| Dec 31, 2024 | 29.50% |
| Sep 30, 2024 | 27.62% |
| Jun 30, 2024 | 16.40% |
| Mar 31, 2024 | 12.54% |
| Dec 31, 2023 | 32.19% |
| Sep 30, 2023 | 27.49% |
| Jun 30, 2023 | 28.24% |
| Mar 31, 2023 | 27.45% |
| Dec 31, 2022 | 28.54% |
| Sep 30, 2022 | 29.10% |
| Jun 30, 2022 | 29.37% |
| Mar 31, 2022 | 26.69% |
| Dec 31, 2021 | 28.06% |
| Sep 30, 2021 | 30.34% |